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DRYBLOWER
Dryblower on swimming naked in the iron ore pool
“Only when the tide goes out do you discover who’s been swimming naked.” It is one of the most overused quotes about business, but <i>Dryblower</i> cannot think of a better comment to cover last week’s iron ore crash than that classic from Warren Buffet.
Totally exposed by the collapse was Australia's newest iron ore miner, Tasmanian-based Venture Minerals which suffered the indignity of putting up the shutters (or should that be having its pants pulled...
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